Nations gather for first-ever conference on fossil fuel exit

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🗞️ Driving the news: More than 50 countries will gather in Santa Marta, Colombia for the first-ever global conference dedicated to phasing out fossil fuels, signaling growing momentum for climate action outside the traditional UN negotiation process

🔭 The context: The meeting, co-hosted by Colombia and Netherlands, emerged from frustration with slow progress in UN climate negotiations, where consensus rules have repeatedly stalled efforts to adopt a clear fossil-fuel exit strategy
• The conference comes amid heightened geopolitical tensions and energy disruption linked to the conflict involving Iran and instability around the Strait of Hormuz, which have exposed the world’s continued dependence on oil and gas
• Participants include major fossil fuel producers and consumers such as Australia, Canada, Brazil and Norway, alongside vulnerable nations like Tuvalu and Vanuatu

🌍 Why it matters for the planet: Coal, oil and gas remain the largest source of global greenhouse-gas emissions
• A coordinated international strategy to phase out fossil fuels is widely considered essential to limit global warming and avoid the most severe climate impacts

⏭️ What’s next: The Santa Marta discussions are expected to feed into a voluntary global roadmap to phase out fossil fuels, an initiative led by Brazil ahead of future climate negotiations.

📈 One stat: Countries attending the conference account for around one-fifth of global fossil fuel production and nearly one-third of consumption

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